"its COPI time"-out , and it's already after-Noon/Lunch...
What's the deal. How come no copi deals today?
And hardly any yesterday.
Could be that somebody knows the EOY copi numbers ,
since the quarter ended last week ; and 90+% of those
numbers are available , in seconds , by VeriSign's
Totally Automated computer billing systems.
If copi is still [as always] burning cash , they will
be needing another new cash lender ; since copi already
used up last year's Two Short-Term Loans , for $300,000
each , at 30+% Interest. And, ALL of the Principal And
Interest Must be Paid Back THIS YEAR. Even Credit Card
Companies don't [can't , legally] charge that much Interest,
to their worst 'customers' , who are maxed-out , and not
even making Any payments , for months.
And, copi has No Collateral for Any New Loans , because
they had to pledge it all for last year's loans.
extra , Sincerely .
By the way ; Does anyone really believe that copi could
possibly 'acquire' anything having any positive 'value' ?
The seller would have to accept only copi paper , which
has already sunk 92+% in Less Than 1 Year. Good Luck.
Wonder what would happen if anybody Had to sell today ;
like , to pay a Maxed-Out Credit Card Bill , due to being
over-generous at Christmas ; or , to cover a Margin Call.
Or , to sell short , due to leakage of EOY copi Financials.
Also, who knows the Due Date for the next copi SEC Filing?
Bottom-Line : It looks like it copi's time for big-time
dilution , of its common shares. They seem to keep burning
~$300,000 per quarter in cash , that must be replaced ,
in any possible way. That's a lot of new copi paper , to be
fed into the machine. [Today, 100,000,000 New common 'share'
of copi is Only $800,000 ; if they can all be sold quickly ,
without causing the price to sink too fast , [below $0.008].
Averaging-Down is profitable for shorters, only [and All pinky CEOs].